The use of supported conclusions related to race, color, or religion in an appraisal may be ________________ by applicable law.

Study for your USPAP 15-Hour Course Test. Dive into flashcards and multiple choice questions, each equipped with detailed explanations. Prepare effectively for your appraisal certification!

The use of supported conclusions related to race, color, or religion in an appraisal is prohibited by applicable law due to fair housing and anti-discrimination statutes. The core principle underlying these laws is to ensure that no individual or group is discriminated against based on these characteristics, in any transactional context, including real estate appraisals.

Appraisers must adhere to the guidelines of the Fair Housing Act and similar legislation, which firmly establish that racial or religious considerations should not influence the value determinations or conclusions reached in an appraisal. This prohibition is critical as it helps to maintain equity and impartiality in property valuation, ensuring the integrity of the appraisal profession and fostering trust in real estate transactions.

Understanding this prohibition is essential for appraisers to navigate the legal landscape and avoid potential liabilities, while also promoting fair treatment in housing and lending practices.

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